Essent Group (ESNT) Lags Q3 Earnings Estimates

分组1 - Essent Group reported quarterly earnings of $1.65 per share, missing the Zacks Consensus Estimate of$1.70 per share, representing an earnings surprise of -2.94% [1] - The company posted revenues of $316.58 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.09$296.11 million [2] - Over the last four quarters, Essent Group has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] 分组2 - The stock has added about 13.8% since the beginning of the year, underperforming the S&P 500's gain of 19.6% [3] - The current consensus EPS estimate for the coming quarter is $1.74 on revenues of$317.51 million, and for the current fiscal year, it is $7.02 on revenues of$1.24 billion [7] - The Zacks Industry Rank for Financial - Mortgage & Related Services is currently in the top 7% of over 250 Zacks industries, indicating strong industry performance [8]